Corporate Profile

Beneficial Life Insurance Company, Inc. (BenLife) is a wholly Filipino-owned life insurance company established on March 16, 1960. From an initial authorized capitalization of P2.5 million, it now has over P1.11 billion in paid up capital, P4.21 billion in total equity and over P10.41 billion in consolidated assets (based on audited consolidated financial statements as of December 31, 2023).

With more than 60 years of experience in the market and over 6,700 Filipino stockholders as its owners, BenLife is one of the most stable and formidable life insurance companies in the country today. Its diversified insurance products include individual and permanent life insurance plans with savings and maturity benefits, purchased through single pay, regular or payroll deduction modes; and group term and credit life, mortgage redemption, accident and health insurance packages for members of government and private institutions, associations and cooperatives, covering over a million insured customers. Benlife is proud to be one of the most trusted and preferred insurance companies of government agencies and employees, owing to its innovative product packages and impeccable service.

BenLife’s fully committed and well-trained sales associates and staff are assigned in 20 regional offices, including 1 mall location, and 21 agency offices strategically located in key cities and provinces nationwide. BenLife’s commitment to quality customer service is manifested through its real-time and highly received text-SMS with voice customer-linkage system, and a caring service staff that endeavors to live by BenLife’s service philosophy, “AlagangTunay, AlagangBenLife.”